Section 400 – The Companies Act,1956

The Companies Act, 1956

400. Notice to be given to Central Government of applications under sections 397 and 398.

The 1[Tribunal] shall give notice of every application made to it under section 397 or 398 to the Central Government, and shall take into consideration the representation, if any, made to it by that Government before passing a final order under that section.

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Section 400 of the Act does not envisage a fresh notice to be issued to the Central Government at the appellate stage; Cosmo Steels Pvt. Ltd. v. Jairam Das Gupta, 1978 (48) Comp. Cas. 312: AIR 1978 SC 375.

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1. Subs. by Act 11 of 2003, sec. 44, for “Company Law Board”. Earlier the words “Company Law Board” were substituted by Act 31 of 1988, sec. 67, for the word “Court” (w.e.f. 31-5-1991).

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